Watson Farley & Williams (“WFW“) advised Iccrea BancaImpresa S.p.A. (“Iccrea”), the corporate banking arm of Credito Cooperativo, and a syndicate of banks comprising BCC Roma, BCC Garda, BCC Staranzano and BCC San Biagio led by Iccrea on the financing of a new campsite in Ostia owned by Sil Campeggi S.r.l. a subsidiary of the Vezzola family’s Baia Silvella Group.

The new funds raised will be used to finance the accommodation infrastructure costs relating to the new 26 ha Capitol campsite in Ostia Antica, just outside Rome and near the Castel Fusano pine forest. The Capitol site will be the ninth campsite owned the Salo-based Baia Silvella Group, one of the best known and respected campsite operators both in Italy and internationally.

The WFW team that advised Iccrea and the syndicate was led by Milan partner Francesco Dialti, assisted by associate Emanuele Caretti and trainee Federico Tropeano. Counsel Giuseppe Franch advised on tax matters.